Accounting Today

APRIL 19, 2024

Seventeen percent of comment forms in 2021 and 2022 contained auditor evaluation deficiencies, according to the PCAOB.

Auditing 334

Auditing 334

Accounting Today

NOVEMBER 7, 2022

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Auditing 246

Auditing Financial Reporting 246

Accounting Today

SEPTEMBER 3, 2024

Hourly earnings growth for workers at small businesses dropped to 2.89% in August, Paychex reported Tuesday, the first time growth has been under 3% since January 2021.

Payroll 286

Payroll Accounting Accounting 286

Accounting Today

NOVEMBER 14, 2023

from 2021 to 2022, and more auditors are using data analytics in their audits, according to a new report. Average audit fees increased by 4.6%

Auditing 323

Auditing 323

Accounting Today

OCTOBER 2, 2023

Eleven states have created or expanded a fully refundable child tax credit following the expiration at the end of 2021 of the federal measure, which enabled families to get as much as $3,600 per child.

Tax 317

Tax 317

Accounting Today

SEPTEMBER 20, 2023

The top three states had an average change percentage of 215.76% between 2021 and 2022.

Collections 306

Collections Tax Corporation Tax 306

Accounting Today

OCTOBER 12, 2023

The service updated its tax-gap projections for tax years 2020 and 2021, predicting a big jump from prior estimates.

Tax 306

Tax 306

Xero

JUNE 6, 2022

As many of us continue to respond to the impacts of climate change, it’s important to consider how the small business landscape will change, not just for our small business customers but our accounting and bookkeeping partners too. The post Decarbonisation: What’s in it for accountants and bookkeepers? What’s driving this?

Bookkeeping 246

Bookkeeping Accounting Accounting XERO 246

Accounting Today

AUGUST 22, 2023

The top three types had an average increase in gross collections of 39.86% between 2021 and 2022.

Tax 246

Tax Collections 246

Accounting Today

AUGUST 25, 2023

The proposed regulations offer clarity on reporting rules enacted in 2021 to curb crypto-related tax evasion.

Tax 246

Tax 246

Xero

MAY 17, 2022

However, most of us will have completed an EOFY using Single Touch Payroll (STP) before, so wrapping up the 2021/22 financial year should be smooth sailing. . Process any pay runs for the 2021/22 financial year. Any pay runs with a payment date in the 2021/22 financial year will first need to be posted and filed.

Payroll 246

Payroll General Ledger XERO Reconciling 246

Xero

JULY 20, 2022

I’m so thrilled to be back at Xerocon London connecting with so many of our accounting and bookkeeping partners and app partner community. In the UK, nearly a quarter (23%) of small businesses experienced more than six months of negative cash flow in 2021, a potential indicator of chronic cash flow stress.

XERO 264

XERO Budgeting Bookkeeping Budgeting Manager 264

Accounting Today

AUGUST 28, 2023

The Internal Revenue Service correctly calculated the allowable Recovery Rebate Credit for the vast majority of 2021 tax returns, but some erroneous payments were made, according to a new report.

Tax 237

Tax 237

Accounting Today

JUNE 4, 2024

Hourly earnings growth for employees slid to their lowest level since the middle of 2021, according to Paychex.

Payroll 200

Payroll Accounting Accounting 200

Xero

MAY 30, 2022

Here are five apps that have joined the new Xero App Store since launch in August 2021, and are helping small businesses seize the post-pandemic opportunity. . Datamolino streamlines and automates the accounts payable process. By automating the data capture process, Datamolino also saves accountants a huge amount of time and energy.

XERO 279

XERO Bookkeeping Accounts Payable Accounts Payable 279

Accounting Today

NOVEMBER 27, 2024

The retailer said the incident involved only one former employee, who had hidden as much as $154 million of delivery expenses since 2021.

Financial Reporting 189

Financial Reporting Accounting Accounting 189

Accounting Today

MARCH 20, 2025

Between January 2021 and July 2024, the IRS processed nearly 610,000 manual refunds for deceased taxpayers, but in many cases took over a year.

Tax 173

Tax 173

Xero

JUNE 19, 2023

Be the change you wish to see in the world With this in mind, Xero has created the better numbers program which provides football clubs with resources and guides to help manage their books, as well as mobilising our community of accounting and bookkeeping partners with advice to help them help their local clubs.

XERO 278

XERO Bookkeeping Accounting Software Accounting 278

Accounting Today

MAY 28, 2024

About 140 countries signed on to the outline of a groundbreaking pact in 2021 to reform the way large multinational companies are taxed.

Tax 189

Tax Corporation Tax 189

Accounting Today

JANUARY 30, 2024

The city's department of finance audited Signature after the bank shuttered in March and found tax deficiencies for years 2015 through 2021 related to unreported income allocation and adjustments to investment and capital income.

Tax 211

Tax Auditing 211

Insightful Accountant

APRIL 10, 2024

Accounting profession faces staffing shortages due to fewer graduates and an aging workforce. First-time CPA exam candidates dropped by 33% from 2016 to 2021. 42% of firms turn away work, 24% near burnout.

Accounting 105

Accounting Accounting CPA 105

Accounting Today

OCTOBER 3, 2023

Hourly earnings growth slipped at small businesses last month to the slowest pace since September 2021, according to Paychex.

Payroll 195

Payroll Accounting Accounting 195

Accounting Today

JUNE 21, 2024

Over 500 internal penetration tests conducted from 2021-23, RSM professionals found only 1.6% of organizations had no vulnerabilities at all. Most had at around 8.

182

182

Xero

APRIL 20, 2023

It’s been a tough year for many of you across the accounting and bookkeeping industry – supporting clients through turbulent economic times, whilst facing your own challenges. In the meantime, read more about our recent brand campaign created for accountants and bookkeepers here. percent, compared to a drop of 3.4

XERO 264

XERO Bookkeeping Tax Accounting 264

Accounting Today

JANUARY 19, 2024

The city cites corporation business tax "deficiencies" for 2017 through 2021 and is also seeking interest and penalties from the failed bank.

Tax 195

Tax Corporation Tax 195

Xero

FEBRUARY 5, 2023

In June 2021, CommBank developed Stream Working Capital in partnership with Waddle to give businesses access to funds using their outstanding invoices as loan security. This information is prepared without taking into account your individual and/or business needs and objectives. Credit provided by the Commonwealth Bank of Australia.

XERO 241

XERO Invoicing Financial Services Accounting Software 241

Xero

NOVEMBER 16, 2022

At Xero, we understand the challenges our small business customers and accounting and bookkeeping partners face. trillion in 2021. . Make the most of accountants and bookkeepers. For many small business owners, accountants act as their most trusted advisors. And I’ve met many of you who’ve told me your worries.

XERO 279

XERO Bookkeeping Accounting Accounting 279

Accounting Today

DECEMBER 13, 2023

billion of rental revenue and claimed that the company owed about €779 million after an audit of the tax years from 2017 to 2021. Italy's finance police had claimed that the company failed to pay taxes on about €3.7

Tax 189

Tax Auditing Corporation Tax 189

Xero

JULY 6, 2022

This blog post is written by Logan Ransley, Co-Founder of Landlord Studio – rental accounting and property management software to over 4000+ self-managing landlords (managing 38,000+ properties) to help them stay organized and prepared for the tax season. . year over year by September 2021.

XERO 246

XERO Collections Bookkeeping Accounting Software 246

Xero

JULY 29, 2022

Xero and Lewes will work together on a range of initiatives and activations to enable clubs across the country to improve financial viability, and enable them to work together with their local small business and accounting and bookkeeping communities. According to the FA’s report in 2021 , 13.5m The economic opportunity.

XERO 264

XERO Bookkeeping Accounting Accounting 264

Xero

NOVEMBER 3, 2022

In all seriousness, tax season can be an extremely stressful time for taxpayers and accountants alike – perhaps even more so this year, with HMRC’s monumental change, Making Tax Digital (MTD) for VAT , fully underway for the first time. . To learn more about MTD for VAT, check out our hubs for small businesses and accountants.

Tax 258

Tax XERO Accounting Accounting 258

Xero

SEPTEMBER 29, 2022

At Xero, we are custodians of your data and do all we can to protect the information held in your account. Throughout 2021, Xero rolled out mandatory MFA for users in all other countries. From then, you’ll need to authenticate daily when you log in to your account. So, tell me more about what’s changing with MFA?

XERO 279

XERO Accounting Accounting Tax 279

Xero

OCTOBER 19, 2022

When Lucy Johnson won the 2022 Xero Award for Sole Practitioner of the Year, her practice – Simplex Accounting (formally known as Isle Book-keep) – was just 12 months old. Lucy started Simplex Accounting after being made redundant from her job doing the books for a beauty company. From paper-mess to paperless.

XERO 243

XERO Accounting Accounting Bookkeeping 243

Accounting Today

DECEMBER 27, 2023

The residential landlord with thousands of properties across Germany has been under intense public scrutiny since October 2021.

Financial Reporting 150

Financial Reporting Auditing Accounting Accounting 150

Xero

OCTOBER 10, 2023

Entries for the UK Xero Awards 2024 are now open for our accounting, bookkeeping and app partners. De Jong Phillips was a finalist for Small Firm of the Year at the Xero Awards in 2021, and came back again in 2022 to win the same category. Being an award-winning firm isn’t easy, and neither is writing an award-winning entry.

XERO 264

XERO Bookkeeping Account Bookkeeping Accounting 264

Xero

AUGUST 9, 2022

Richard Jeffares of Two Bays Brewing – who took out the Small Business of the Year Award in 2021 – says, “It stops you from waffling. Although it can be challenging to keep your entry concise, it helps ensure that only the most important information is included. What’s the best way to trim down the details?

XERO 264

XERO Accounting Accounting Bookkeeping 264

Intuit

MAY 8, 2023

Since launching the virtual pilot in January 2021, over 150 small businesses across 4 countries have been adopted, with more than 600 employees across 6 countries completing the program. Through the employee experience, employees gain highly contextual empathy and product knowledge while networking with employees from other business units.

QuickBooks 246

QuickBooks Data Entry Financial Operations Manager Financial Operations 246